Browsing: leaseholds

2023 is a tricky but hopeful year for leaseholders. What does lease extension entail and how Michael Gove’s proposals may affect the sector.

If you’re a long-leaseholder, it is important to understand what your lease terms mean.

This article highlights the top 7 Things Find When You Read Your Lease – and why those things are important to understand. By understanding your lease, you can help to make sure that your leaseholder experience is a positive one.

Research by Warwick Estates reveals that the total value of new-build leasehold transactions is 50% higher than new-build freehold transactions, as flats and urban living dominate England’s market. 

In the first six months of 2021, there were 1,523 new-build transactions in England. Of these, 44.8% (683) were freehold homes while 55.2% (840) were leaseholds, demonstrating a fairly even split for England’s market.